BTC Short - Rising wedge - Target 34k

Rising wedge was formed in 15m a while ago. We're not at the 3rd touch of the bottom, which often means breakout.
Target for this wedge would be .618 fib = 33900 ish (I would TP @ 34k to keep it safe).

Now retesting the bottom of the wedge (channel).

Trade safely!

Giao dịch đang hoạt động:

Retested the channel (wedge) in 15m and got rejected.
Probably gonna retest it again in higher TF, we will see. But thats another bearish confluence for now.

Bình luận:

Just realized that actual target would be more toward 33 500 than 34k, but still 33900-34000 (.618fib) is a safer bet.

just wanted to share update.